Definition: The word "claims for insurance" is an abbreviation of the English phrase "claiming for insurance." It refers to a request for payment of money, usually for damage or loss caused by physical injury. In the context of insurance claims, "claims for insurance" are typically related to a claim filed against the insured party. The purpose of these claims is to reimburse the policyholder for financial losses suffered as a result of an accident or theft. The claim can be made either voluntarily, in response to a specific incident, or through legal action, such as filing a complaint with the insurance company. Once a claim has been filed, the insurer will review it and if it is found to be valid, they will pay the amount requested by the policyholder. It's important to note that while "claims for insurance" can refer to both voluntary claims and legal claims, they are often used interchangeably in the context of insurance disputes.